Assuming the client's controls are effective, how might the auditor use data analytics tools to audit the
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Question:
How would the evidence obtained using data analytics (i.e., ability to effectively analyze every sales transaction during the year) compare with the evidence from both substantive analytical procedures and tests of details in terms of effectiveness and efficiency?
What additional insights might the auditor be able to identify using data analytics?
Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 9780134421827
7th Edition
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
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